Insurance Journal - An explosion and fire killed at least 26 people at a Pemex natural gas facility in northern Mexico near the U.S. border on Tuesday, one of the deadliest accidents in the oil and gas industry in recent years. Television footage showed flames leaping high into the sky during the blaze at a gas compression station near the city of Reynosa, a key entry point for natural gas to Mexico from the United States. It was the third blaze in about five weeks at state-run oil monopoly Pemex installations in Tamaulipas, a border state that has struggled to contain the menace of warring drug gangs. Pemexs top executive said the fire appeared to be an accident. - Go To Story